[ad_1]
Fitch Rankings, a world ranking company, has upgraded the ranking respective of Armeconombank from “Steady” to “Optimistic” and reconfirmed Lengthy-Time period Overseas-Foreign money Issuer Default B class Ranking(Lengthy-Time period Overseas-Foreign money Issuer Default Ranking (IDR)).
“The development of the ranking outlook is as a result of enchancment of the RA sovereign ranking and optimistic financial circumstances. Because of these optimistic developments a sustained strengthening of the financial institution’s monetary profile, particularly profitability, capitalization, funding and liquidity is anticipated” specified within the financial institution’s assertion.
[ad_2]
Source link
